Chevron: strong leadership team ensures continued business success - EXCLUSIVE

Chevron maintains a robust succession planning process overseen by the Board.

This was said by Allison Cook, Media Relations Advisor at Chevron, in an exclusive statement with CE Report.

She pointed out that Chevron has strong leadership across the company and a deep bench of experienced executives prepared to lead the business.

"Our strategy, priorities and commitment to disciplined execution remain unchanged, and we are well positioned for continued success," Cook concluded.

Earlier, Chevron Corporation announced the following senior leadership changes, effective January 1, 2027:

• Mark Nelson, currently vice chairman and executive vice president of Oil, Products & Gas, will remain vice chairman with responsibility for Strategy and Business Development. In addition to his corporate duties, Nelson will be responsible for identifying and advancing opportunities that strengthen the company's portfolio, enhance competitiveness, and support long-term growth.
• Eimear Bonner, currently Chief Financial Officer, will become president, Oil, Products & Gas. In this role, Bonner will be responsible for safe, reliable operations across the entire value chain, disciplined capital allocation, asset class excellence and value chain optimization to drive stronger performance.
• Jeff Gustavson, currently president, New Energies, will become Chief Financial Officer. In this role, Gustavson will be responsible for audit, controller, investor relations, tax, treasury and business planning activities worldwide.
• Brent Gros, currently president of Offshore, will become president of New Energies, leading Chevron’s lower carbon businesses, including hydrogen, power, carbon capture, offsets, and biofuels. He will also oversee the company’s AI strategy, focused on value creation, operational excellence, cost efficiency, and innovation.

Chevron is one of the world’s leading integrated energy companies. The company believes affordable, reliable and ever-cleaner energy is essential to enabling human progress. Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives; and develops technologies that enhance our business and the industry. The company aims to grow its oil and gas business, lower the carbon intensity of operations, and grow new energies businesses.

Photo: Facebook/Chevron

This statement was prepared by Julian Müller